Close Menu
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
Facebook X (Twitter) Instagram
Gazet International – Global Magazine
AWARD NOMINATION
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
You are at:Home » Top shareholder of Adidas has reduced their stake to 3.51%
Business

Top shareholder of Adidas has reduced their stake to 3.51%

l
Gazet InternationalBy Gazet InternationalOctober 29, 2024Updated:January 24, 20251 Min Read
Facebook Twitter LinkedIn
Share
Facebook Twitter LinkedIn

Adidas said in documents on Tuesday that Groupe Bruxelles Lambert, a major shareholder in the German sportswear brand, has reduced its ownership to 3.51%.

The rich Frère and Desmarais families’ investment holding company, GBL, declared on July 31 that it had reduced its ownership from 7.6% to 5.1%.

Adidas

Adidas’ stock is up 16% since the beginning of 2024 after a great run last year.

In an email response to queries from Reuters on Tuesday, a GBL representative stated, “We sold some shares but reiterate our support to the company, its management, and its strategy.”

Click here for more news on Business.

Source
#ADIDAS #AdidasStock #BUSINESS #GAZETINTERNATIONAL #GI #GIAWARDS #GroupeBruxellesLambert
Share. Facebook Twitter LinkedIn
Previous ArticleTime is running out for India’s stalwarts, Kohli and Rohit
Next Article Tamil Nadu’s Ace Archer Jayashree Jaykumar Takes Aim at World Title in Switzerland​

Related Posts

Airlines are facing significant challenges as tariff disputes fuel global economic uncertainty.

May 30, 2025

Low oil prices are set to keep Kuwait’s fiscal deficit elevated through 2028.

May 30, 2025

Abu Dhabi-listed Investcorp Capital is divesting its US real estate portfolio.

May 30, 2025
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
Don't Miss

Airlines are facing significant challenges as tariff disputes fuel global economic uncertainty.

Low oil prices are set to keep Kuwait’s fiscal deficit elevated through 2028.

Abu Dhabi-listed Investcorp Capital is divesting its US real estate portfolio.

UniCredit has doubled its holding in Greece’s Alpha Bank, a new development in its ongoing M&A strategy

Recent Posts
  • Airlines are facing significant challenges as tariff disputes fuel global economic uncertainty.
  • Low oil prices are set to keep Kuwait’s fiscal deficit elevated through 2028.
  • Abu Dhabi-listed Investcorp Capital is divesting its US real estate portfolio.
  • UniCredit has doubled its holding in Greece’s Alpha Bank, a new development in its ongoing M&A strategy
  • Indonesian banks are successfully leveraging their IT spending to gain advantages.
Recent Comments
    Archives
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • October 2023
    • September 2023
    • January 2021
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    About

    GAZET INTERNATIONAL


    Gazet International Magazine is a global entity that works towards providing latest information and news updates of the world. It entraps latest stories in banking, finance, lifestyle and various beats of the world. We engage in recognizing and rewarding the global organizations for their achievements in various fields and deliver justice to the nominees with valued identification and recognition of companies that indulge in the Gazet Award Ceremony.

    Facebook X (Twitter) Instagram YouTube LinkedIn
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Latest posts
    World

    Amidst political discord in Israel, soldiers express their frustration

    March 27, 2024
    Banking

    Sri Lanka’s surprise rate cut aims to boost growth, with more likely to follow

    March 26, 2024
    Business

    Musk’s X Corp loses hate speech lawsuit

    March 26, 2024
    Banking

    Australia bank CEOs want a solution to the housing crisis

    March 26, 2024
    Previous 1 … 704 705 706 707 708 … 773 Next
    Official Partner

    7ITS NEWS

    Copyright © 2025. Gazet International

    Type above and press Enter to search. Press Esc to cancel.